Spread the facts of his crime with anyone he tries to work with or have any kind of a relationship with. Use ostracization instead of violence, because not only will you follow the non-aggression principle which allows for a peaceful and prosperous society but is also much more effective.

What you have to understand is that civil prosecution is part of this process of ostracization. If there were a case in Alberto's past in which someone had taken him to court, Meni (and us investors) might have avoided this altogether.

Yes, the government and its thugs own a monopoly on violence. I'll give you that, but at the same time no one wants to talk sociology right now.

ah so you only need 10k BTC ($80k USD) to do what with? Mt. Gox only trades ~ $800k USD per day in BTC anyway - how do you plan on generating such an amazing amount of money that you can pay 3% interest weekly? Seems like every one of these obvious ponzi's claim they are killing it "trading" and "arbitrage" and yet they all need massive, massive investment from a wide # of ppl...

obviously added to Micon's obvious list of Ponzi's

added to Micon's list of ponzi's and scams you should never take part in.

Nefario and I are working on a repayment plan with Alberto and will post updates when there's significant progress.

Thanks to the both of you for your continuing effort! The work you are doing is vitally important since having your ID and such verified, must be made to mean something. Thanks again!

Thank you for pushing this. But please do not take promises to pay too serious - could also be typical delay tactics.

I suppose criminal prosecution will work quite well within EU member states. And the evidence in this case seems sufficient to justify prosecution ''in public interest''.Well, let's wait a (little) bit to see if Alberto is able to resolve this...

I dont think Alberto, criminal as he may be, signed any privacy agreement with you, that entitles you to post his personal information like this in public. Im on your site and have no tolerance for delinquancy like this in bitcoin world, that's why I'd like to warn you and advise you to take this information down ASAP. Otherwise Alberto's site may have good arguments in court to have your charges tuned down or even worse, sue you for putting that info up. Please reconsider!

Alberto agreed to this information being published, in the event of him scamming or running with the money, on sending it to me, I wouldn't post it otherwise.

I'm curious to see this agreement. Threatening it, and him not responding to the threat isn't actually an agreement in most places.

ah so you only need 10k BTC ($80k USD) to do what with? Mt. Gox only trades ~ $800k USD per day in BTC anyway - how do you plan on generating such an amazing amount of money that you can pay 3% interest weekly? Seems like every one of these obvious ponzi's claim they are killing it "trading" and "arbitrage" and yet they all need massive, massive investment from a wide # of ppl...

obviously added to Micon's obvious list of Ponzi's

added to Micon's list of ponzi's and scams you should never take part in.

Another win for the "trolls"

Whatever happens this isn't a win for Micon because his post is nonsensical - this was about developing a trading platform which is completely different from trading, and even if it was a scam it's not a ponzi scam.

Nefario and I are working on a repayment plan with Alberto and will post updates when there's significant progress.

Thanks to the both of you for your continuing effort! The work you are doing is vitally important since having your ID and such verified, must be made to mean something. Thanks again!

Thank you for pushing this. But please do not take promises to pay too serious - could also be typical delay tactics.

I suppose criminal prosecution will work quite well within EU member states. And the evidence in this case seems sufficient to justify prosecution ''in public interest''.Well, let's wait a (little) bit to see if Alberto is able to resolve this...

We're approaching this in multiple ways. The best outcome by far is if Alberto voluntarily repays, litigation would be a lengthy process with an uncertain outcome.

ah so you only need 10k BTC ($80k USD) to do what with? Mt. Gox only trades ~ $800k USD per day in BTC anyway - how do you plan on generating such an amazing amount of money that you can pay 3% interest weekly? Seems like every one of these obvious ponzi's claim they are killing it "trading" and "arbitrage" and yet they all need massive, massive investment from a wide # of ppl...

obviously added to Micon's obvious list of Ponzi's

added to Micon's list of ponzi's and scams you should never take part in.

Another win for the "trolls"

Whatever happens this isn't a win for Micon because his post is nonsensical - this was about developing a trading platform which is completely different from trading, and even if it was a scam it's not a ponzi scam.

The topic of this thread is the bond, not Bitdaytrade itself (which probably is also a scam, but not a ponzi). This 3% per week "bond" had all the hallmarks of a ponzi and the same predictable and predicted outcome as a ponzi.

The topic of this thread is the bond, not Bitdaytrade itself (which probably is also a scam, but not a ponzi). This 3% per week "bond" had all the hallmarks of a ponzi and the same predictable and predicted outcome as a ponzi.

It's nothing like a ponzi. The characteristic of a ponzi is that the underlying business is kept hidden and actually does not exist; in this case the business was specified and did exist (whatever problems it had). The other characteristic is that it is growing, in this case it was an issue for a set amount.

I thought it strange that in the IPO, it claimed that Alberto had enough personal assets to cover repayment no matter what - and then he said he couldn't repay it at all.

My only knowledge of Alberto's assets is from his own words. His reported status doesn't seem very consistent so it's not clear if he can't pay, won't pay, or will pay (face value) given some time to liquidate assets.